Leerink raised its price target for Forward Pharma (FWP) shares to $53 saying it left a meeting with management and a former patent judge positive on the company's strategy to monetize its dimethyl fumarate patents. Forward is strengthening its position to bring infringement suits in multiple countries against Biogen (BIIB), Leerink tells investors. The firm keeps an Outperform rating on Forward Pharma.
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